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Air India is seeking government approval to raise a Rs 2,000-crore loan and refinance $819-million aircraft debt, which would help tide over the financial crisis
The impact of exchange rate variation led to an increase in expenses from Rs 31 crore in 2017-18 to Rs 772 crore in 2018-19
Air India's net loss narrowed to Rs 3,643 crore and operating profit rose to Rs 300 crore in FY17